Key Points Netflix is highly profitable, but its revenue growth going forward will likely slow down as its operations mature. Roku’s soaring platform sales will drive impressive free cash flow generation in the years ahead, according to management. Based on individual goals, the best streaming stock will differ among investors. 10 stocks we like better … Read more
Crypto Market Update: Bankman-Fried Seeks Pardon from Trump
The whipping post
Here’s a quick recap of the crypto landscape for Monday (June 8) as of 9:00 p.m. UTC. Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrencymarket news Bitcoin (BTC) was priced at US$63,444, trading 2.2 percent higher over the past 24 hours. Chart via TradingView. Bitcoin price performance, … Read more
Can Novelis' Hot Mill Restart Ease Ford's Supply Challenges?
The whipping post
Ford Motor Company’s F primary aluminum supplier in New York has resumed operations at its hot mill following two fires last year that shut down the facility and contributed to billions of dollars in lost production for Ford’s highly profitable F-Series pickup lineup. The Novelis facility in Oswego, NY, is the largest U.S.-based supplier of … Read more
Noteworthy Wednesday Option Activity: SERV, SNDK, AMD
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Serve Robotics Inc. (Symbol: SERV), where a total volume of 47,245 contracts has been traded thus far today, a contract volume which is representative of approximately 4.7 million underlying shares (given that every 1 contract represents 100 … Read more
ANI Pharmaceuticals Targets Acute Gout With Cortrophin Push
ANI Pharmaceuticals ANIP is leaning harder into its Rare Disease franchise as growth increasingly concentrates around Purified Cortrophin Gel. The next step is a sharper commercial push into acute gouty arthritis flares, which management is treating as a meaningful new demand pocket. At the same time, the company is working to restore momentum in its … Read more